JPMorgan Chase & Co. Buys 25,736 Shares of Farmers & Merchants Bancorp, Inc. (NASDAQ:FMAO)

JPMorgan Chase & Co. lifted its position in Farmers & Merchants Bancorp, Inc. (NASDAQ:FMAO - Free Report) by 134.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 44,830 shares of the financial services provider's stock after acquiring an additional 25,736 shares during the quarter. JPMorgan Chase & Co. owned approximately 0.33% of Farmers & Merchants Bancorp worth $1,320,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in FMAO. SG Americas Securities LLC lifted its position in shares of Farmers & Merchants Bancorp by 19.1% during the 4th quarter. SG Americas Securities LLC now owns 5,281 shares of the financial services provider's stock worth $156,000 after buying an additional 846 shares in the last quarter. Proficio Capital Partners LLC purchased a new position in Farmers & Merchants Bancorp in the fourth quarter worth $345,000. Inspire Investing LLC bought a new position in Farmers & Merchants Bancorp in the 4th quarter valued at $415,000. Barclays PLC increased its position in shares of Farmers & Merchants Bancorp by 292.2% during the 3rd quarter. Barclays PLC now owns 16,610 shares of the financial services provider's stock valued at $460,000 after purchasing an additional 12,375 shares during the last quarter. Finally, Rhumbline Advisers raised its stake in shares of Farmers & Merchants Bancorp by 3.1% during the 4th quarter. Rhumbline Advisers now owns 19,077 shares of the financial services provider's stock worth $562,000 after purchasing an additional 571 shares during the period. Hedge funds and other institutional investors own 23.96% of the company's stock.

Farmers & Merchants Bancorp Stock Performance

FMAO traded down $0.52 during trading on Thursday, hitting $25.66. 2,607 shares of the company traded hands, compared to its average volume of 26,228. Farmers & Merchants Bancorp, Inc. has a one year low of $19.95 and a one year high of $34.15. The stock's fifty day moving average is $23.66 and its 200 day moving average is $27.18. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 0.78. The firm has a market cap of $351.47 million, a P/E ratio of 13.50 and a beta of 0.75.

Farmers & Merchants Bancorp (NASDAQ:FMAO - Get Free Report) last released its earnings results on Monday, April 28th. The financial services provider reported $0.51 earnings per share for the quarter, beating analysts' consensus estimates of $0.42 by $0.09. The firm had revenue of $28.07 million during the quarter, compared to the consensus estimate of $26.67 million. Farmers & Merchants Bancorp had a net margin of 14.48% and a return on equity of 7.97%. As a group, equities analysts predict that Farmers & Merchants Bancorp, Inc. will post 1.82 EPS for the current fiscal year.

Farmers & Merchants Bancorp Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Sunday, April 20th. Stockholders of record on Friday, April 4th were given a dividend of $0.2213 per share. The ex-dividend date of this dividend was Friday, April 4th. This represents a $0.89 dividend on an annualized basis and a dividend yield of 3.45%. Farmers & Merchants Bancorp's dividend payout ratio is presently 46.32%.

About Farmers & Merchants Bancorp

Farmers & Merchants Bancorp, Inc is a bank holding company, which engages in the provision of commercial banking, retail banking, and financial services. It includes commercial, agricultural, and residential mortgages as well as consumer and credit card lending activities. The firm also offers checking account services, and savings and time deposit services.